Compound Trading Chat Room Stock Trading Plan and Watch list for Monday May 22, 2017; $BIOC, $RDUS, $CMCM, $JKS, $CALA, $USOIL, $WTI, $UWT – $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session at Compound Trading!

Notes in red text below are new comments entered specifically today.


Today’s Live Trading Room Link:

Live Alerts for Swing Trading and Day Trading side are now available only on either email and/or by following alert Twitter feed. If you did not get an email send an email to and ask Sartaj to get you info. Most of that I spoke to myself are opting for email only, but the Twitter alert system is available for those that choose that.

Most recent lead trader blog posts:

Learn How to Trade Stocks (Build a Small Account) Following my Journey. Part 5 “Freedom Traders” Series.

The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports will be out soon.

Trading Plan (Buy, Hold, Sell) and Watchlists:

Morning momentum stocks on watch so far: $BIOC, $RDUS, $CMCM

Bias toward / on watch: $USOIL, $WTI, $UWT

Markets: $SPY $ES_F $SPX had its downdraft upward price extension of our SPY algo still in play, $GLD, $GDX some life and Gold over 1261 gets interesting. $SLV Getting some lift here. $USOIL, $WTI in new trading range on bullish side – EPIC has it dialed in perfect. $DXY is testing critical support area again and $VIX got its pop and on its way back to lowest range in decades likely.

OTC on watch:Randoms I’ve noticed over last few weeks… $PGPM, $BRNE, $ELED, $PVCT, $LIGA (I hold),$AMLH, $BLDV $UPZS $OPMZ $MMEX $ACOL $BVTK $USRM $ORRV $JAMN $PFSD

Gaps to Watch: 

Recent Momentum Stocks to Watch

Stocks with News: 

SEC Filings to Watch: $TNXP Baker Bros 450,000 shares and Opaleye Mgmt 235,000 NEW holdings disclosed, that’s 10% of o/s, $REXX May 17, CFO Buys 5000 Shrs; Net: 19.98k; Acq’d: 5000 4.00/s; Disp’d: 0

Short Term Trader’s Edge: 

Holds: Most holds are small to mid size (less than 5% of day trading account) holds in this order according to sizing: $ONTX, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA, $PVCT

Various Recent Chart Set-ups on Watch: $JKS, $CALA, $LITE, $JUNO, $PCRX, $CTSH, $FEYE, $TSLA, $NVO, $EWZ, $AMBA, $EOG, $COTY, $FSLR, $AAOI, $HIIQ, $JASO Golden Cross, $VIPS – We are working on these and others in Mid Day Review in trading room. If you can’t be in there you can catch the review on the raw video feed we post to Youtube of each trading day.

$RDUS Premarket up 15.63%

$RDUS, Premarket, Trading, Plan

$RDUS Premarket up 15.63%

Market Outlook :

Oil on high watch today.

Watch those large and mega caps – when they stall things could change. And don’t forget our $SPY algo warned about recent highs.

Market News and Social Bits From Around the Internet:

Chicago Fed National Activity Index

Fed Kashkari
Fed Harker

Fed Kashkari

Fed Brainard

Fed Evans

#OPEC | monitoring committee to recommend a 9 month production cut extension. Kuna. #OOTT

If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here:  Our lead trader Twitter feed is here @curtmelonopoly and lead tech developer @hundalSHS.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Intra-day Trading Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List : $BIOC 22%, $RDUS 16%, $CMCM 9%, $NTNX $HUN $YRD $GNC $AEG $RTN $BX $MOMO $UGAZ $LMT $NTEC $USLV $FCAU $UWT $F $WLL $RIO $QCOM I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List :  I will update before market open or refer to chat room notices.

(3) Other Watch-List:

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades: $TTC $CNNX $MYL $NTNX $GCO $CIEN $MSI $PBH $ENTG $QCOM $PAGP $PAA $SUI as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $PTXP $MNTA $ANET $CNC $ZOES as time allows I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.


For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).



Article Topics: $BIOC, $RDUS, $CMCM, $JKS, $CALA, $USOIL, $WTI, $UWT  – $PVCT, $LIGA, $MGTI, $ONTX, $SSH, $LGCY, $TRCH, $ESEA – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD